The Economic Benefits of Airbnb is a Myth

Two stand out facts from our Airbnb meeting.

The argument in favour of mass tourism and airbnb is that it brings great benefits to the economy and to the communities they operate in.

This is challenged by the evidence.

What is the economic benefit of #Airbnb to #Scotland?

The total economic activity generated by hosts and guests amounted to ZERO in 2018.

Quite different to the £693 million figure quoted by Airbnb.

Secondly the economic benefit is confined to a handful of property owners. Not only that but they operate as an extractive force, avoiding tax and draining money from the local economy whilst still benefiting from local services.

 

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